Post by breckjensen on Nov 29, 2017 1:10:03 GMT -5
I've been discussing the disadvantages of capitalism and communism with someone and he thinks that the reason why in the end communism is more efficient than capitalism is because being a planned economy resources arnt used up too quickly.
As he writes: 'free markets lead to using up too many valuable resources, while in planned markets, the government can organise a more effective use of the resources. At the moment this has not affected free markets. But that is because resources are still in large supplies.
I didn't find the right solution from the Internet.